3114: C3114 General Motors Are in Danger of Bankruptcy

C3114 General Motors Are in Danger of Bankruptcy

General Motors can't take it anymore.2

Although Y Country was an immigration country with a total history of only a few hundred years, this country had advanced industry and technology. In terms of basic industry, it was naturally the automotive industry.

YCountry had a large number of automotive brands. After their country developed, it caught up with the era of automotive industry, so their main car brand. It was the most famous brand since that era. It was Ford Motors. Back then, the production line was first created by Ford Motors. To make a car for one person, to make one part for one person... The earth increased production efficiency and competition.

And Ford was also the only car that had no bankruptcy record in the history of Y Country.

In the long history of Y Country, a large number of car brands had been born. Naturally, a large number of car brands had been eliminated.

Of course, most of them were not famous. If one looked at the relevant records, from the beginning of page A, the first page was full of pages A, which was dazzling.

However, the remaining ones were already pretty good. Especially when General Motors was in glory, they had even taken Ford's iconic building in the Car City. But now, General Motors was in a precarious situation.

In Y Country, there were many called General Motors. For example, General Electric, General Motors, and so on. These were not large consortiums. They only had similar names. General Motors were also completely independent.

General Motors, which was established in 1908, was one of the pride of Y Country. It was also a successful teaching case in countless financial and economic textbooks. This automotive group had many classic branding. For example, Chevrolet, Buick, and GMC, and some other less famous brands. For example, Ceng Pondiac, Hummer, Turin and Sabo, and General Motors were definitely huge.

How powerful was this General Motors? Even in the most popular Apollo moon landing plan in recent years... The moon carriages in the moon landing cabins that were launched by Uranus Five were all made by General Motors. It was the only manned vehicle in the world that was used on a foreign planet. It could be said that... General Motors were the symbol of Y Country's design, manufacture, and technology.

However, such a huge entity had reached the brink of bankruptcy, which made people sigh.

Of course, this was caused by many factors.

For example, in the car market in Y Country, over the years, the local automotive industry did not have a good time. After entering the 1990s, the price of gasoline soared. The cars produced by Y Country. The fuel consumption was too high. As a result, the local citizens all chose the cars produced by R Country that were easy to deal with.

They had already fought the war of cars, but the car industry in the R Country... Still firmly occupying the market of Y Country, constantly nibbling away at the survival space of the local cars in Y Country. Now, it was difficult for General Motors to take a step forward, and the recent economic crisis... It was the last straw that broke the camel's back.

In fact, the countries' focus was different, the car companies in Y Country. In terms of fuel consumption, they were always at the back. In Parallel Spacetime, General Motors promoted all three vats of machines in order to meet the average fuel consumption of the company. Since they could not compete with the standard technology, they could only rely on this kind of unorthodox method. In the end, they could not make it. In the end, they could only withdraw.

Furthermore, right now, they couldn't even squeeze into the huge Han Country market.

Han Country was currently in a period of vigorous development. The demand for cars in Han Country was huge. In fact, all the tycoons had their eyes on Han Country a long time ago.

However, they couldn't get in.

If it was only imported, even if it was arranged according to the agreement, the price of tariffs was unbelievably low. The cost of their cars crossing the sea was also higher than the cars produced in Han Country. Moreover, not only was the price high, but the performance was also incomparable. The main car company in Han Country, the terrifying giant North Motor Factory. The models developed by the few subordinate car companies were simply intimidating.

The cheap ones had the QQ produced in Haihe Automobile Factory to satisfy the needs of the cities and villages. The more high-end ones had Red Flag Car, and they had even developed a freak like the SUV. It was quite well received, especially many of their cars. They had all entered the era of turbine hydraulic pressure, and the performance of their engines was very high. The speed of the cars was fast, and the fuel consumption was low. So... The imported cars overseas were simply incomparable. Furthermore, there were still a few private auto factories in Han Country that were flourishing. They were willfully occupying the market in Han Country, and outsiders could not enter at all.

If they wanted to lower the price, they could only invest in the Han Country and use the advantage of the local low cost of manpower to lower the price of cars. At this time, they would have to face another problem.

The Han Country had set up a very high threshold. Investment to set up factories could not be exclusive. It must be a joint venture with the local manufacturers. Moreover, they had to promise to completely transfer the technology within a few years. What was the point of this?

If General Motors could grab hold of the huge market of cars in the Han Country and squeeze into it... Perhaps it could develop rapidly. And... And now... General Motors could only develop in the mainland, and along with the expansion of the Europe's market in Han Country... It also reduced their market share in the Europe, and they could not compete with each other. They could only gradually go through a vicious cycle and fall into the brink of bankruptcy.

Qin Guan now mentioned this aspect and suggested his own idea to Ruijian. "We, the North Heavy Truck Factory, want to buy the General Automobiles. Although there is a huge risk, we still want to try it out."

This risk was very big. The Han Country had purchased the Douglas Company. As a result, they would be strangled by the people of the Y Country from time to time. If they bought the General Motors, they might face the same situation. There was a story of a farmer and a snake.

However, in recent years, the crisis was not big. Before solving the problem of Mountain Country, Y Country would not become enemies with Han Country. Similar incidents would be less common.

After purchasing the General Motors Company, one could use the name of General Motors. Changing the logo of the Red Flag Car and selling it to Y Country, one must know. The Han Country Automobiles had already advanced to Europe, but they still did not open up the market in Y Country. This was the last tough bone. After all, the Y Country was a country that lived on wheels. They still had a huge demand for cars. In a few years' time, it was enough for the Red Flag Car to open up the market. In the future, even if both parties were to become enemies, the people of Y Country would still decide to buy the Red Flag Car out of their own interests.

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